BP settles with US petrol firm over Gulf of Mexico spill

BP settles with US petrol firm over Gulf of Mexico spill


BP said on 17 October that US petroleum firm Anadarko has agreed to pay $4 billion in a settlement with one of its partners at the site of the Gulf of Mexico oil spill in 2010, DPA reported.

The US firm held a 25% share in the well which exploded in April, 2010, causing the largest oil spill in US history. BP said that the money will be put into the $20 billion trust fund set up to settle claims from the incident. Texas-based Anadarko is also handing over its stake in the well to BP, a st...


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